$550,000

3810 N 9th Place Phoenix, AZ 85014

Central City Neighborhood

Estimated payment $2,958/month

-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Cooling Available
  • Ceiling Fan
  • Heating Available
  • Phoenix Coding Academy Rated A

About This Home

Income-producing property in central Phoenix featuring a 744 SF 2BR/1BA single-family home plus two attached 322 SF studio apartments, all on one parcel. Units are occupied, delivering steady in-place cash flow. Owner's financials reflect a 5.49% cap rate at the list price based on existing rents and expenses. Both studios include kitchenettes and share an attached laundry room. Situated on a 7,000 SF lot with R1-6 zoning and unassigned tenant parking. A rare opportunity to acquire a stabilized multi-unit configuration in a strong rental corridor near the VA Hospital, restaurants, and shopping. This is an owner/agent sale.

Listing Agent

Lianne Russo Liddell

Realty ONE Group Brokerage Phone: 602.463.1730 License #BR654979000 Listed on: 12/12/2025

Co-Listing Agent

Jason Fadler

Realty ONE Group Brokerage Phone: 602.463.1730 License #SA689799000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $772

Year Built

  • Built in 1946

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Stucco

Interior Spaces

  • Ceiling Fan

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Tax Lot 21
  • Assessor Parcel Number 118-05-059-A

Community Details

Overview

  • 2 Buildings
  • 3 Units
  • Building Dimensions are 7000 square feet
  • Stacy Tract Subdivision

Building Details

  • Operating Expense $8,447
  • Gross Income $38,707
  • Net Operating Income $30,219

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$772

Year Built

Built in 1946

Lot Details

0

Listing Details

  • Cross Street: 7th St and Indian School
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R1-6
  • Number Of Buildings: 2
  • Ownership: Fee Simple
  • Year Built: 1946
  • Tax Year: 2025
  • Professional Management Expense: 2705.0
  • Co List Office Mls Id: reog03
  • Co List Office Phone: 623-236-1414
  • Subdivision Name: STACY TRACT
  • Tax Parcel Letter: A
  • Cooling:Ceiling Fan(s): Yes
  • Roofing:Composition: Yes
  • Construction:Wood Frame: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Built-In Range, Washer/Dryer
  • Appliances Included:WasherDryer: Yes
  • Appliances Included:BI OvenRange: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Wood Frame, Painted, Stucco
  • Roof: Composition

Garage/Parking

  • Parking Features: Other
  • Attached Garage: No
  • Open Parking Spaces: 4.0
  • Total Parking Spaces: 4.0
  • General Property Description:Uncvrd Parking Spcs: 4.0
  • General Property Description:Total Parking Spcs: 4.0

Utilities

  • Electric: APS
  • Cooling: Ceiling Fan(s), Other, Electric
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Other
  • Heating:Electric: Yes
  • Main Cooling Other: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Schools

  • Junior High Dist: Phoenix Union High School District

Lot Info

  • Lot Size: 7000 square feet
  • Additional Parcels: No
  • Parcel #: 118-05-059-A

Multi Family

  • Owner Pays: Electricity, Trash Collection, Water, Sewer
  • Number Of Units Total: 3
  • Electric Expense: 3677.0
  • Annual Gross Income: 38707.2
  • Insurance Expense: 1293.0
  • Property Net Operating Income: 30219.0
  • Annual Operating Expense: 8447.0
  • Vacancy Allowance Rate: 0.04

Tax Info

  • Tax Annual Amount: 772.0
  • Tax Book Number: 118.00
  • Tax Lot: 21

Map

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $772 $5,948 -- --
2024 $721 $5,665 -- --
2023 $721 $29,310 $5,860 $23,450
2022 $717 $22,350 $4,470 $17,880
2021 $729 $18,100 $3,620 $14,480
2020 $711 $16,160 $3,230 $12,930
2019 $680 $13,910 $2,780 $11,130
2018 $657 $13,120 $2,620 $10,500
2017 $604 $9,620 $1,920 $7,700
2016 $582 $7,860 $1,570 $6,290
2015 $541 $6,100 $1,220 $4,880
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/12/2025 12/12/25 For Sale $550,000 0.0% --
09/22/2023 09/22/23 Rented $1,395 0.0% --
09/09/2023 09/09/23 Under Contract -- -- --
09/01/2023 09/01/23 Price Changed $1,395 -6.7% $2 / Sq Ft
08/24/2023 08/24/23 Price Changed $1,495 -6.3% $2 / Sq Ft
08/19/2023 08/19/23 Price Changed $1,595 -11.1% $2 / Sq Ft
08/15/2023 08/15/23 For Rent $1,795 +111.2% --
01/12/2016 01/12/16 Rented $850 0.0% --
12/31/2015 12/31/15 Price Changed $850 -10.5% $1 / Sq Ft
12/11/2015 12/11/15 For Rent $950 -- --
Source: Arizona Regional Multiple Listing Service (ARMLS)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $94,000 Fidelity Natl Title Agency
Source: Public Records

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6957288

Arizona Regional Multiple Listing Service (ARMLS)

APN: 118-05-059A

Arizona Maricopa County Phoenix 85014 Central City

3810 N 9th Place, Phoenix, AZ

For Sale

MultiFamily

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Arizona Regional Multiple Listing Service (ARMLS) All information should be verified by the recipient and none is guaranteed as accurate by ARMLS

Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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Lianne Russo Liddell
Listing Agent
Lianne Russo Liddell
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Realty ONE Group
(480) 409-3799